Review The Estimated Monthly Payment for This Home

Review a clearer estimate of the monthly payment, minimum down payment, projected taxes, insurance, and estimated cash-to-close for this home.

See all 29 photos

$1,500,000

Est. payment - /mo

Save

10 Acres Lot

Active

240 Varnes LN Lakemont, GA 30552

Save

REQUEST A TOUR

Quillie Williams

[email protected] +1(678) 573-6100

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID 7464136

Construction Status Resale

HOA Y/N No

Year Built 1986

Annual Tax Amount $1,449

Tax Year 2023

Lot Size 10.000 Acres

Acres 10.0

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

THIS PROPERTY IS ZONED MULTI-FAMILY AND CONTAINS 7 BUILDINGS WITH 10 UNITS. THE 7 BUILDINGS CONSIST OF 1 TRIPLEX, 1 DUPLEX, 2 SINGLE WIDE MOBILE HOMES, 2 STUDIO COTTAGES-ONE COTTAGE HAS A LOFT & ALSO A 2/1 CABIN. ALL THE UNITS ARE PRESENTLY LEASED. LISTED ABOVE ARE ONLY 4 BUILDINGS. A COMMUNITY WELL IS USED FOR ALL UNITS. PROPERTY CONSIST OF 4 ACRES AND ADDITIONAL 6 ACRES WITH PLENTY OF ROOM TO EXPAND. TRACT 6 HAS A NOISY BRANCH WITH LOTS OF MOUNTAIN LAUREL, AND A GREAT PRIVATE GET AWAY SPOT TO HIKE, ENJOY, RELAX AND ENJOY THE CLEAN MOUNTAIN AIR. SASSAFRASS KNOLL IS CONVENIENTLY LOCATED OFF OF HWY 441 IN BEAUTIFUL LAKEMONT APPROXIMATELY 5 MILES TO CLAYTON GEORGIA. TRIPLEX AND DUPLEX OFFERED AS SINGLE LISTINGS FOR SALE. 228 (FMLS#7459292)AND 230 (FMLS#7459293) VARNES CALL FOR ADDITIONAL INFORMATION. CURRENT INCOME FROM ALL THESE UNITS ARE $10500. THIS PROPERTY WILL PAY FOR ITSELF! THE PROPERTY IS CURRENTLY ZONED R3 AND THERE ARE ADDITIONAL 6 ACRES AVAILABLE FOR PLENTY OF ROOM FOR MORE DEVELOPMENT! ALL UNITS ARE TENANT OCCUPIED. OWNER PREFERS SHOWINGS TO OCCUR WITH AN ACCEPTABLE OFFER.

Location

State GA

County Rabun

Area Na

Lake Name None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet

Window Features Double Pane Windows

Exterior

Parking Features Level Driveway

Fence Back Yard

Community Features None

Utilities Available Electricity Available, Natural Gas Available

Waterfront Description None

View Y/N Yes

View City

Roof Type Metal

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Private

Story Two

Sewer Septic Tank

Water Public

Level or Stories Two

Structure Type HardiPlank Type

Construction Status Resale

Schools

Elementary Schools Rabun County

Middle Schools Rabun County

High Schools Rabun County

Others

Senior Community no

Tax ID 046B 005

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Virtual Properties Realty.com

Location Preview

Property Location & Nearby Amenities

View the property location, nearby conveniences, schools, dining, shopping, medical services, parks, and lifestyle amenities.

Current Listing Location

Loading listing location...

Property Location Map

View Map / Street View Directions

The property location map is included so buyers can clearly see where the listing is located before opening nearby category searches. Street View availability and viewing angle are controlled by Google and may not always show the exact front of the property. Google Maps may display nearby results based on relevance, distance, ratings, prominence, and sponsored placement, and may not show mileage beside every result. Nearby information is provided for buyer convenience only. School assignment, distance, zoning, commute time, business hours, services, and availability should be independently verified by the buyer.

Want more details about this property? Request Property Details

Estimated Payment for This Home

The Quillie Real Estate TEAM calculator below automatically estimates the monthly payment, minimum down payment, taxes, insurance, and estimated cash-to-close based on this listing.

Mortgage Payment Calculator designed by Quillie Real Estate TEAM

Total Payment /mo

FHA • 3.5% Down $0 down Estimated Cash-to-Close $0

Purchase Price

Home price (auto-fills from listing)

Loan Program

Defaults to FHA

Term

Loan length

Credit Tier (for PMI) • FHA not affected by score

Conventional only

Down Payment

% or $

FHA min 3.5% enforced when FHA selected.

Interest Rate

Auto-rate: using defaults (rates loading...)

HOA /mo

Auto-fills only for Condo/Townhome (you can override)

Home Insurance /yr

Escrowed

Property Taxes

MLS Estimate will pull listing Annual Tax Amount when available. Fallback = 1.00%.

MLS Tax % (fallback)

Used when MLS mode

County Tax % (of price)

Used when County mode

Manual Annual Taxes ($)

Used when Manual mode

Lender Fees ($)

Auto (2% of loan)

Added to cash-to-close

Seller Concession

Reduces cash-to-close. Program max rules apply.

Prepaid Insurance (months)

Escrow setup

Prepaid Taxes (months)

Escrow setup

Total Payment /mo

Estimated Cash-to-Close

Includes down payment, lender fees, and prepaids. Less seller concession.

$0 + $0 − $0 = $0

See detailed calculator above for full breakdown.

Estimated cash-to-close is for informational purposes only. Actual amounts may vary based on lender terms, credit score, taxes, insurance, HOA, and closing date. Seller concessions are negotiable and not guaranteed. Confirm final figures with your lender and title company (Quillie Real Estate TEAM).

Details

Compare FHA vs Conventional

FHA

Payment /mo$0

Cash-to-close$0

Conventional

Payment /mo$0

Cash-to-close$0

$0 /mo difference • $0 cash difference

CONTACT QUILLIE FOR MORE INFORMATION

Quillie Williams

Broker Associate License ID: 204690

+1(678) 573-6100

240 Varnes LN Lakemont, GA 30552

Quillie Williams

Key Details

Location

Interior

Exterior

Building

Schools

Others

Property Location & Nearby Amenities

Mortgage Payment Calculator designed by Quillie Real Estate TEAM

Like the payment and Neighborhood Snapshot? Want to see it in person?

240 Varnes LN

CONTACT QUILLIE FOR MORE INFORMATION